Yodel said it was on course to become profitable in the year ending June 2021 – a first in its 10-year history. Chief executive Mike Hancox said “unprecedented” growth in recent months had propelled the parcel firm into the black and he expected EBITDA to deliver “a strong positive result in FY21”. Yodel said there had been an overall increase in sales and volume growth of 16%, compared to the first quarter of the latest financial period. Full-year revenue is […]
Forty drivers at wholesaler Booker Retail Partners have voted unanimously for strike action in a move which could see deliveries to 1,500 convenience stores in London and the south east face severe disruption.
Yodel has won the RoSPA (Royal Society for the Prevention of Accidents) Gold Award for health and safety for the second year running. Yodel’s senior HS&E manager, Gerry Prior, accepted the award on the behalf of Yodel’s sort centres and Yodel Transport subsidiary, that were presented the award in recognition of its commitment to high health and safety standards. Marija Simovic, COO, says: ““Ensuring the safety of our workforce and the public is paramount and it is a priority for […]
The surge of e-retailing is presenting parcel carriers with a conundrum: how do carriers profit from the rapid surge in B2C volumes, while ensuring their networks are able to cope with capacity demands? Hayley Pink reports Peak period capacity is at breaking point, City Link MD David Smith warned an industry conference in June, with the 2012 Christmas period posing a record challenge for carriers and retailers alike. Smith says there has been no new capacity in the industry since […]